Friday, October 07, 2016

PNB Housing Finance IPO Price Band, Market Lot & Dates Details

PNB Housing Finance IPO is coming up on 25th October 2016 and closes on 27-October-2016. PNB means Punjab National Bank IPO is the good issue and will be get best listing. As per company strength in the market we can say that it has good growth with YoY profit. Current and last years results is showing the everything about the PNB Housing Finance Ltd like they are providing housing loans to large bodies but the main concern for IPO  subscription. Today market is on higher position as compare to last month and grey market premium of PNB Housing Finance IPO is around Rs 36 to Rs 37 and increasing day by day so it is worth to invest in PNB Housing Finance IPO.

PNB Housing Finance Review:
Apply for Listing Gain and Long Term Gain as Well

PNB Housing Finance IPO Dates & Price Band:
  • IPO Open: 25-October-2016
  • IPO Close: 27-October-2016
  • IPO Size: Approx 2,500 Crores
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 750 - Rs. 775
  • Listing on: BSE & NSE
PNB Housing Finance IPO Market Lot:
  • Shares: Apply for 19 Shares (Minimum Lot Size)
  • Amount: Rs. 14725
PNB Housing Finance IPO Allotment & Listing: (Approx)
  • Basis of Allotment: November 2, 2016 (Approx)
  • Refunds: November 3, 2016 (Approx)
  • Credit to demat accounts: November 3, 2016 (Approx)
  • Listing: November 7, 2016 (Approx)
PNB Housing Finance Financial:
The current financial condition is showing a profitable growth as compare to last three years. Its is housing loans provider limited company to few sectors including construction, purchase, repair, and up-gradation of houses. The company has total assets of Rs. 296,724.99 million for the year ended March 2016 and profit after tax of Rs 327.57 crore while have total revenue of 26,995.43 million for ended March 2016 and they gain revenue of Rs 2,699.54 crore. Profit after tax of PNB Housing Finance is very strong and continuously growing YoY.

Company Promoters:

Quick Links:
DRHP Draft Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Limited
Phone: +91 22 5171 5400
Fax: +91 22 2596 0329
Contact Person: Shamti Gopal-Krishnan

IPO Lead Managers:
  • Kotak Mahindra Capital Co. Ltd
  • DSP Merrill Lynch Ltd
  • JM Financial Institutional Securities Ltd
  • JP Morgan India Pvt. Ltd
  • Morgan Stanley India Co. Pvt. Ltd
Company Address:
9th Floor, Antriksh Bhavan, 22 Kasturba Gandhi Marg, New Delhi 110 001, India
Tel: +91 11 23357171
Fax: +91 11 23357173

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